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Car Buying Advice - 2017 maxima lease

devildog007devildog007 Member Posts: 2
edited September 2017 in Nissan
Looking for MF and residual on a 17 maxima SR SL and Platinum in northern New Jersey

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  • kyfdxkyfdx Moderator Posts: 237,051

    Looking for MF and residual on a 17 maxima SR SL and Platinum in northern New Jersey

    .00003 MF and 50% residual for 36/15. All trims.

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  • kyfdxkyfdx Moderator Posts: 237,051

    Does it change for 36/12

    51% residual for 36/12

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  • bilnad4bilnad4 Member Posts: 10
    Looking to lease 2017 maxima Platinum, what should I be looking as a lease payment for 36/12 with 0 or 1k out of pocket? Please help!! Let's say msrp is 41k with negotiated price as 36k.
  • MichaellMichaell Moderator Posts: 241,232
    bilnad4 said:

    Looking to lease 2017 maxima Platinum, what should I be looking as a lease payment for 36/12 with 0 or 1k out of pocket? Please help!! Let's say msrp is 41k with negotiated price as 36k.

    .00003 and 48%

    With your estimated prices, that translates to a payment of $455/mo before tax

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  • navs007navs007 Member Posts: 6
    Looking to lease 2017 Maxima SV on 3-year/36K miles. Will do 2K out of pocket, looking for expected monthly payment and residual please! Also, does the residual vary across dealerships?
  • navs007navs007 Member Posts: 6
    Spoke to a couple of dealers here - the deal on the table is 4000 down (including all taxes, fees, doc. fee, acquisition fees, excluding first month's payment) and 350/month for a 2017 Maxima SL - sounds high, but wanted to check here, please help!
  • MichaellMichaell Moderator Posts: 241,232
    navs007 said:

    Looking to lease 2017 Maxima SV on 3-year/36K miles. Will do 2K out of pocket, looking for expected monthly payment and residual please! Also, does the residual vary across dealerships?

    .00003 and 48%

    Residual is fixed by the bank.

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  • MichaellMichaell Moderator Posts: 241,232
    navs007 said:

    Spoke to a couple of dealers here - the deal on the table is 4000 down (including all taxes, fees, doc. fee, acquisition fees, excluding first month's payment) and 350/month for a 2017 Maxima SL - sounds high, but wanted to check here, please help!

    What is the MSRP and selling price?

    State and tax rate?

    We do not recommend that much down - only the first payment and DMV costs, up front. Add taxes and fees into the monthly payment.

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  • navs007navs007 Member Posts: 6
    Thanks @Michaell a lot for the quick response!

    MSRP is 35895, price comes out to 30894 after rebates of 4850. Am looking for a lower monthly payment, so willing to put more down if needed, just need to understand how the pricing works out.
  • navs007navs007 Member Posts: 6
    Also - is the residual calculated on the selling price net rebates or before applying rebates?
  • kyfdxkyfdx Moderator Posts: 237,051
    navs007 said:

    Thanks @Michaell a lot for the quick response!

    MSRP is 35895, price comes out to 30894 after rebates of 4850. Am looking for a lower monthly payment, so willing to put more down if needed, just need to understand how the pricing works out.

    So... no discount, other than the rebates? That seems wrong.

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  • kyfdxkyfdx Moderator Posts: 237,051
    navs007 said:

    Also - is the residual calculated on the selling price net rebates or before applying rebates?

    Residual is always a percentage of full MSRP

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  • navs007navs007 Member Posts: 6
    kyfdx said:



    So... no discount, other than the rebates? That seems wrong.

    Exactly! That's why need to check for average dealer discount...am going to offer them 1000 (includes title, taxes, fees, acquisition, doc., etc.) + 350 first payment and keep the monthly @350 - does that sound fair?
  • navs007navs007 Member Posts: 6
    Btw this is for NJ and the tax rate is 6.875%
  • MichaellMichaell Moderator Posts: 241,232
    navs007 said:

    Btw this is for NJ and the tax rate is 6.875%

    NJ taxes the sum of the payments - we suggest you roll those into the lease payment.

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